Matador Resources (MTDR) Assigned 'B' Rating by S&P; Outlook Stable
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Matador Resources Company Announces Offering of $350 Million of Senior Notes Due 2023
April 6, 2015 7:45 AM EDTDALLAS--(BUSINESS WIRE)-- Matador Resources Company (NYSE: MTDR) (Matador) announced today that, subject to market conditions, it intends to offer $350 million of senior unsecured notes due 2023 in a private placement to eligible purchasers. Matador intends to use the net proceeds from the offering primarily to repay a portion of the outstanding borrowings under its revolving credit facility and the debt assumed in connection with the merger of Harvey E. Yates Company (HEYCO) with and into Matadors wholly-owned subsidiary, to fund a portion of its future capital expenditures and for other general working capital needs.... More
Matador Resources Company Provides Operational Update
April 6, 2015 7:30 AM EDTDALLAS--(BUSINESS WIRE)-- Matador Resources Company (NYSE: MTDR) (Matador or the Company), an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources, with an emphasis on oil and natural gas shale and other unconventional plays and with a current focus on its Eagle Ford operations in South Texas and its Permian Basin operations in Southeast New Mexico and West Texas, today is pleased to provide the following update of its ongoing operations.
Production Update
Matador achieved record quarterly production of approximately 2.1 million BOE... More
